Do you think, breathe and sleep balance sheets or account statements?
Accountancy is the universal language of business and figures. Accountancy plays a monumental role in smooth functioning of every business firm. No financial transaction can take place without adhering to the accounting principles.
An accounting professional inhibits traits of a competent and diligent person. Accountancy provides a person with a better understanding of how to run a business and manage its financial matters. Accountancy provides a wide range of career opportunities that can be taken up for a successful living.
Let’s familiarize ourselves with some of the popular Accountancy careers:
Chartered Accountant (CA) – Chartered Accountancy is the most sought after courses in the country. CA exams are conducted by the Institute of Chartered Accountants (ICAI). In this course, you have to clear 3 examinations viz. CPT, IPCC and Final CA over a specified period of time. CA is a highly prestigious and well paying profession.
Expected starting salary: Rs. 6-7 Lacs per annum
Cost Accountant- Cost Accountants measure the cost of producing services by determining the fixed and variable expenses necessary for production. These costs include research & development, equipment, marketing and human resources.
Expected starting salary: Rs. 4-5 Lacs per annum
Auditor- Auditing is a professional service intended to streamline financial records. Auditors provide independent assessment of the accuracy and fairness of an organization’s financial statements. They work in accordance with the client to certify that all financial information is authentic and valid.
Expected starting salary: Rs. 3-4 Lacs per annum
Accounts Professor- Many students of accounting desire to earn a doctorate degree in order to become an accounting professor. An accounting professor teaches accounting students and fellow professionals. They perform research on accounting information systems, financial accounting, managerial accounting, tax accounting and auditing.
Expected starting salary: Rs. 5-6 Lacs per annum
Besides these, you could be a Book-keeping Clerk, Accounting Assistant, Budget Analyst, Payroll Manager, Tax Accountant and more. All the best for your career!